USD 7.2 Billion
Report ID:
SQMIG25M2045 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
91
|Figures:
71
Global Textile Recycling Market size was valued at USD 7.26 Billion in 2023 poised to grow from USD 7.91 Billion in 2024 to USD 13.51 Billion by 2032, growing at a CAGR of 6.9% in the forecast period (2025-2032).
Textile recycling is the process of recovering and reprocessing used garments to create new materials. It involves sorting, cleaning, and converting fabrics into reusable fibers or raw materials for industries such as fashion, automotive, and construction. Its main aim is to reduce waste, minimize environmental impact, and promote sustainability, driven by growing awareness and demand for eco-friendly solutions. Increasing recycling demand for recycled fibers is driving the global textile recycling market. Millions of tons of textile waste are generated every year, with low efficiency in recycling, which implies that there is room for improvement. Consumers are adopting sustainable aspects, and therefore, the textile market is being pressured to include recycled fibers not only to reduce wastes but also to boost the circular economy.
Increased environmental consciousness is fast turning out to become one of the significant factors pushing the textile recycling market. Consumers have realized that making textiles comes with a massive environmental footprint, such as water usage, pollution, and microplastic leakage. As sustainability-related awareness grows, so does the demand for greener products. However, textile recycling remains largely undiscovered and unknown. Educative campaigns and promotion of circular economy models will be important drivers of changes in behavior, raising recycling rates and increasing the demand for sustainable practices and technologies.
Market snapshot - 2025-2032
Global Market Size
USD 7.2 Billion
Largest Segment
Polyester
Fastest Growth
Cotton
Growth Rate
6.9% CAGR
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The Global Textile Recycling Market is segmented based on material, sources, process and region. In terms of material, the market is grouped into cotton, polyester, wool, polyamide and others. Based on sources, the market is segmented into apparel waste, home furnishing waste, automotive waste and others. Based on process, the market is segmented into mechanical and chemical. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.
As per categorization by material, polyester dominate the global textile recycling, with an overall market value of USD 3.4 Billion in 2024 to USD 5.6 Billion by 2032 at an expected CAGR of 6.4%. Polyester is one of the ubiquitous synthetic fibers used in great quantities because it is extremely robust and versatile. A race to recycle has spurred the process into greater action, with leaders Amber cycle and Hyosung TNC being prominent players in sustainable polyester. In June 2024, they announced a joint venture in the production of decarbonized, circular polyester. A closed-loop textile system would be achieved. This is just one of the several recent trends in the industry. Companies are investing in the technology that recycles end-of-life polyester into fibers of high quality, decreasing carbon footprints and impacting the environment.
Similarly, Cotton recycling is fast growing fashionable fiber as it is biodegradable and customers have become increasingly demanding for more 'natural' material. Since cotton makes up the largest proportion of the textile waste, companies develop high-tech recycling processes for converting used cotton textiles into new products. SOEX, German textile sorting and recycling experts, in May 2024, signed an agreement with Infinited Fiber for up to 5,000 tons of annual supply of post-consumer textile waste as feedstock in order to close the loop cycle and provide quality recycled cotton.
By sources, apparel waste is the leading and the fastest growing segment in global textile recycling market, with USD 4.2 Billion in 2024 and expected to reach USD 7.4 Billion by 2032, with an exceptional CAGR of 7.4%. The growth is led by factors such as consumer preference for in-store shopping which is contributing to the increase in apparel waste. Even though the retail fashion industry cannot measure the quantity of waste generated, it is estimated that annually 92 million tons of clothing materials are wasted worldwide. This contributes to the massive waste crisis, as the fashion industry itself generated a mind-boggling 97 million tons of waste in 2024, with 18 million tons of that being leftover textiles alone. These figures raise the concern of a better waste management and sustainability practices within the fashion sector.
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Asia Pacific is the leading and fastest growing region in the Global Textile Recycling Market, with USD 3.3 Billion in 2024 and expected to reach USD 6.1 Billion by 2032, with an exceptional CAGR of 7.9%. This is primarily attributed to the region's well-developed manufacturing base, augmented government support for environmentally friendly practices, and consumers' growing awareness of the significance of waste reduction. Textile manufacturing centers, and economical recycling facilities ensure that it is the region of choice for recycling units. Supportive policies of countries like China and India, where the government ensures recycling practice and environmental sustainability, make this market very attractive for growth.
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Recycling, Reduced Waste and Resource Reliance is Driven by Textile Industry
Recycled Textile Demand Boosts Market Growth and Sustainability
Hazardous Chemicals in Recycling Hinder Market Growth, Sustainability
Textile Recycling Technology Faces Challenges from Waste Complexity
The global textile recycling market faces major hurdles in the extension of advanced technologies that can process diverse textile materials efficiently. Though promising, such technologies are incapable of dealing with mixed waste streams in the form of various fabrics, blends, and contaminants. In the case of polymers, dissolution is a feasible textile recycling technique but becomes difficult in mixed fibers and synthetics such as polyester that require high-purity extractions. Overcoming all these challenges would be the means to large-scale, sustainable recycling.
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The Global Textile Recycling Market is highly competitive, with dominance from a few players. This market is mostly shared by the key players. Lenzing AG, Hyosung Group, Unifi, Inc., Leigh Fibers, and Infinited Fiber Company, are among the leading players in this business that takes up almost 17% in total. These leaders in market positions will continue their leadership status because of good reputations in product diversity and proficiency in technology, investment in focused R&D efforts and marketing programs, and in continuously innovating improvements in product quality and sustainable sustainability of recovered fibres. Focuses on the principles of closed-loop recycling and uses of bio-based materials. They look at partnerships and collaborations to increase market presence and tap into the burgeoning demand for environmental-friendly textile solutions.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, Polyester is the dominating the market as it is used in huge quantities because it is extremely robust and versatile. A race to recycle has spurred the process into greater action, with leaders Amber cycle and Hyosung TNC being prominent players in sustainable polyester. Asia-Pacific leads the global market because of its well-developed manufacturing base, augmented government support for environmentally friendly practices, and consumers' growing awareness of the significance of waste reduction. High greenhouse gas (GHG) emissions are prompting growth in the textile recycling market, as the industry and policymakers realize the importance of the sector in the fight against climate change.
But a major challenge in textile recycling is hazardous chemicals, especially with the increasing demand for sustainable products. Consumers are skeptical of "sustainable" claims without verification due to a lack of standardized assessment. The EU initiatives such as the Circular Economy Action Plan address this; however, recycled textiles contain many dangerous chemicals such as phthalates and heavy metals, which make the efforts for safer, sustainable solutions more complicated.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 7.26 Billion |
Market size value in 2032 | USD 13.51 Billion |
Growth Rate | 6.9% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Textile recycling market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Textile recycling market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Textile recycling market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Textile recycling market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
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Global Textile Recycling Market size was valued at USD 7.2 Billion in 2023 poised to grow from USD 7.8 Billion in 2024 to USD 13.3 Billion by 2032, growing at a CAGR of 6.9% in the forecast period (2025-2032).
The Global Textile Recycling Market is highly competitive, with dominance from a few players. This market is mostly shared by the key players. Lenzing AG, Hyosung Group, Unifi, Inc., Leigh Fibers, and Infinited Fiber Company, are among the leading players in this business that takes up almost 17% in total. These leaders in market positions will continue their leadership status because of good reputations in product diversity and proficiency in technology, investment in focused R&D efforts and marketing programs, and in continuously innovating improvements in product quality and sustainable sustainability of recovered fibres. Focuses on the principles of closed-loop recycling and uses of bio-based materials. They look at partnerships and collaborations to increase market presence and tap into the burgeoning demand for environmental-friendly textile solutions. 'Lenzing AG', 'BLS Ecotech', 'Unifi Inc. (Unifi)', 'Leigh Fibers', 'Pistoni S.r.l.', 'Usha Yarns Ltd.', 'Textile Recycling International Limited', 'Worn Again', 'Ambercycle', 'Anandi Texstyles Pvt Ltd', 'The Woolmark Company', 'Pure Waste', 'RE Textil Deutschland GmbH', 'Boer Group', 'Retex Textiles Inc.', 'Hyosung Group', 'Infinited Fiber Company', 'Natural Fiber Welding, Inc.', 'The Ecotex Group', 'Procotex Corporation '
High greenhouse gas (GHG) emissions are prompting growth in the textile recycling market, as the industry and policymakers realize the importance of the sector in the fight against climate change. Textile production and waste are among the significant contributors to GHG emissions. Energy-intensive processes like dyeing, finishing, and fabric production, along with fast fashion's disposal culture, worsen these emissions. Recycling can reduce dependence on virgin materials, decrease energy usage, and reduce landfill waste.
AI-Driven Automation Enhances Textile Recycling Efficiency and Sustainability: Automation is the new trend in textile recycling, and it is based on the requirement for efficient, scalable solutions to handle the growing textile waste. The EU aims to collect 16 million tons of textile waste every year by 2025, which speaks for itself. Material complexity is a challenge due to different types of fibers and labeling. Innovations such as PICVISA's automated sorting systems using AI and robotics improve efficiency, reduce costs, and enhance accuracy, pushing industrial-scale textile recycling and sustainability forward.
Asia Pacific is the leading and fastest growing region in the Global Textile Recycling Market, with USD 3.3 Billion in 2024 and expected to reach USD 6.1 Billion by 2032, with an exceptional CAGR of 7.9%. This is primarily attributed to the region's well-developed manufacturing base, augmented government support for environmentally friendly practices, and consumers' growing awareness of the significance of waste reduction. Textile manufacturing centers, and economical recycling facilities ensure that it is the region of choice for recycling units. Supportive policies of countries like China and India, where the government ensures recycling practice and environmental sustainability, make this market very attractive for growth.
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